Starting up at the new startup capital
Discover the perfect area in Delhi NCR to lease your new startup office
There are several factors that have contributed to the growth of the startup ecosystem in Delhi-NCR. This includes the large and diverse talent pool, including graduates from some of India's top engineering and management institutions, a supportive regulatory environment, a vibrant network of incubators, accelerators, and co-working spaces and more. With rapidly evolving infrastructure, ample space and good connectivity, Delhi NCR has proved to be perfect for transportation, e-commerce, retail and social startups. Additionally, the city has a growing network of incubators, accelerators, and co-working spaces that can provide the necessary support and resources to start-ups, helping them to grow and succeed.
But which areas in the region are the best for startups to grow and thrive? Here’s our list of the top 5 where startups can lease office space. Overall, JLL sees Gurgaon as an attractive location for start-ups due to its strategic location, robust ecosystem, and lower cost of doing business. As a result, we expect to see more start-ups setting up their offices in Gurgaon in the coming years.
Connaught Place is the most happening place in Delhi NCR and is in the heart of Delhi. It is a popular commercial hub of India, with excellent connectivity to all parts of the city, and has been a major location for startups to set up their offices. It has a good mix of coworking spaces and private offices and is perfect for IT-based startups along with those who want to start their own business. The area is home to several multinational corporations, banks, and prestigious law firms, which can help enhance the credibility and reputation of start-ups.
Average rental price for commercial spaces: Starts at INR 100 per sq ft. up to INR 350
Gurgaon is one of the most dynamic startup ecosystems in Asia, with over 1,500 startups and 400 technology companies. It is a popular destination for startups due to its proximity to Delhi and.an infrastructure rich with IT parks, business districts, malls and educational institutions offering high-end services. It has several business parks and coworking spaces that offer modern amenities and a vibrant startup community.
Average rental price for commercial spaces: Starts at INR 45 per sq ft. up to INR 180
Nehru Place is another popular location for startups as it is a commercial and IT hub that is well-connected to the rest of Delhi NCR. Located just 1 km from Connaught Place and Khan Market, it makes it easy for startups to access various services such as banks, financial institutes, and IT companies. It is home to several coworking spaces and private offices that offer affordable rents and a great startup ecosystem.
Average rental price for commercial spaces: Starts at INR 80 per sq ft. up to INR 170
One of the fastest growing cities in India, Noida offers a huge range of business opportunities in sectors like IT, healthcare, manufacturing, retail etc., along with excellent infrastructure and connectivity. The city also offers several sports facilities including golf courses, hockey grounds etc., which can be utilized by startups as well as large corporates. Noida offers affordable office spaces and a great startup community. It has several coworking spaces and private offices that cater to the needs of startups.
Average rental price for commercial spaces: Starts at INR 40 per sq ft. up to INR 110.
Situated in South Delhi, Saket offers easy connectivity to the city and the National Capital Region, making it convenient for employees and clients to travel. It offers a wide range of office spaces at affordable prices, making it suitable for startups with a limited budget. In addition, its diverse range of amenities, including restaurants, cafes, and shopping centers, enhance the overall work-life balance. Saket has a vibrant and thriving startup ecosystem with numerous coworking spaces, accelerators, and incubators.
A central location, superior infrastructure and easy access to a diverse, well-educated talent pool makes the Delhi NCR region a great place for people to meet, work and succeed together. Overall, Saket’s affordability, accessibility, and availability of a range of office options and support services can make it an attractive location for start-ups looking to establish their presence in Delhi.
Average rental price for commercial spaces in Grade-A buildings: Starts at INR 110 per sq ft. up to INR 135
Aerocity is a rapidly developing commercial hub located near Delhi airport. It offers a range of premium office spaces, including Grade-A office buildings and serviced offices. These spaces are ideal for start-ups that require modern amenities and infrastructure and can provide a professional environment to enhance business credibility and reputation. Additionally, the area has a range of support services, including legal and accounting firms, marketing agencies, and IT services providers, which can be beneficial for startups looking to outsource certain functions.
Aerocity is also home to several cafes, restaurants, and bars, catering to different tastes and preferences. These provide great opportunities for networking and collaboration with other businesses, as well as potential clients or investors.
Average rental price for commercial spaces in new Grade-A buildings: Starts at INR 160 per sq ft. up to INR 220